Salt Lake Telegram | 1915-11-12 | Page 12 | Utah Copper Co. Can Make Copper for Less than 7 Cents

UTAH TAH COPPER CO CAN CAM MAKE COPPER FOR LESS TRAM THAN 1 CENTS None None of the Utah Copper officials ere iere ere are permitted to talk of th tho- tho f comi com corn i Jany operations at Bingham It is only I en D. D C. C Jackling goes East and andIs andIs' andIs andla Is la Is' Interviewed that local people are apprised of what is taking taking- place in the neighboring hills But that It tt t is 15 a a. won- won producer Is borne out by the following statement made by in New York There Thero Is la nu nil m conceivable condition that can arise that would v d prevent Utah II dp t Copper from making I 1 its p o at atthe atthe the present rate rare during the lifetime of anyone now lOW living and at a cost below 7 cents per Jer pound Our property from one end to the theother other Including a splendid organization organisation is Jn In ri better shape than ever er before We Weare ate are mining our big tonnage easily in fact we are arc shipping tons a day with greater ease and with fewer men than 1 1 was required two or three e Y years ago t to vas ship ll half that Otoo tonnage J Notwithstanding Notwithstanding Not Not- t withstanding the very much larger scale of ot mining operations and the big additions additions addi addi- lions to our milling milliner facilities we have fewer fawer men on the pay roll than In 1912 The mine Itself Is In perfect condition Our stripping Is so far advanced that wo we can do almost anything that we de desire desire de- de sire ire In III The way of mining We Wo will continue to strip the overburden overburden overburden over over- burden at the present rate for another ear car or so but after alter that the excess stripping charge will disappear At the I-flO present time we are charging to operating oper oper- costs 7 H cents per ton of ot ore against our deferred stripping charge but in the not distant future it is quite probable that we will extinguish all accumulations of deferred stripping items by Ly a a. c charge against surplus and thereafter absorb all stripping costs in inthe inthe inthe the operating account There is little that is new or of spectacular interest concerning our property We aim to make our quarterly quarterly terly jerly reports complete as to every es essential es- es detail The stockholders are kept regularly informed as to production tion lion grade of ore costs net profits etc We Ye have a wonderful property propertY cally a finished proposition as it stands today I